TD Global Technology Leaders Index ETF

10-Year Study

TEC.TO · · CA · ETF

Executive Summary: TD Global Technology Leaders Index ETF has compounded at 21.4% annually over the last 10 years, with a maximum drawdown of 32.2% and an annualized volatility of 17.8%.

1Y CAGR
+24.9%
3Y CAGR
+26.0%
5Y CAGR
+17.3%
10Y CAGR
+21.4%

History & Riski10-year historical performance analysis including CAGR, Max Drawdown, Sharpe & Sortino ratios, annual returns, and rolling volatility — all computed from daily market data.

10-Year Growth of $10,000

Max DrawdownMax DrawdownThe largest peak-to-trough decline in the asset's value over the measurement period.Click for full definition →
32.2%
Sharpe RatioSharpe RatioRisk-adjusted return: how much excess return you earn per unit of total risk (volatility).Click for full definition →
0.99
Sortino RatioSortino RatioLike Sharpe, but only penalizes downside volatility — a more accurate risk measure for asymmetric return distributions.Click for full definition →
1.92
Ann. VolatilityAnnualized VolatilityThe annualized standard deviation of an asset's returns — a measure of how much prices fluctuate.Click for full definition →
19.4%
Best YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2023 · +53.3%
Worst YearBest & Worst YearThe single calendar year with the highest and lowest return in the measured period.Click for full definition →
2022 · -32.2%
% Positive Years% Positive YearsThe percentage of calendar years in the measurement period where the asset delivered a positive return.Click for full definition →
86%

Annual Returns

Rolling 12-Month Returns

Rolling 12-Month Annualised Volatility

Historical Drawdowns

Monthly Returns

Monthly Returns Heatmap

YearJanFebMarAprMayJunJulAugSepOctNovDecAnn.
2026-1.3-4.9-3.211.7————————1.5%
20252.8-4.7-9.4-2.310.16.54.9-0.17.75.9-3.1-2.215.5%
20244.17.61.6-3.15.68.0-0.8-1.23.32.27.73.945.6%
202310.32.08.30.68.93.83.20.7-5.60.410.12.253.3%
2022-8.6-5.52.1-11.7-3.7-8.213.3-3.4-7.22.53.6-8.7-32.2%
20210.30.7-0.44.4-3.59.23.45.5-5.05.04.10.125.5%
20206.1-5.6-4.114.75.75.55.99.4-4.4-3.58.73.547.5%
2019—————2.94.2-1.90.33.15.71.316.4%

Risk X-RayiA 19-factor macroeconomic risk decomposition showing exactly which market forces (equity beta, rates, inflation, credit, commodity, crypto) drive this asset's volatility. Powered by multivariate regression against daily factor returns.

Risk Profile Insight: This asset has an estimated annualized volatility of 17.8%. The dominant macroeconomic risk driver is VTI.US, accounting for 64.0% of variance. Idiosyncratic stock-specific factors contribute 3.4%.

10-Year Historical Price Series (Growth of $10,000)
DateSimulated Value
2019-05-0110000
2019-06-0110293.169325170802
2019-07-0110726.389500447423
2019-08-0110523.770293879523
2019-09-0110551.61001661861
2019-10-0110873.47130093888
2019-11-0111489.212107438601
2019-12-0111641.052227888016
2020-01-0112348.124369700156
2020-02-0111662.07405934406
2020-03-0111178.927034359333
2020-04-0112818.984986435238
2020-05-0113554.891126798571
2020-06-0114297.828217547549
2020-07-0115139.695751601492
2020-08-0116556.822862662102
2020-09-0115834.481485163984
2020-10-0115272.715651321676
2020-11-0116599.860801386305
2020-12-0117175.546496598155
2021-01-0117231.79409968325
2021-02-0117344.21828615258
2021-03-0117267.019871312303
2021-04-0118033.322443645866
2021-05-0117407.567859324176
2021-06-0119010.69556695027
2021-07-0119650.72511114583
2021-08-0120733.775549337388
2021-09-0119692.626734656194
2021-10-0120684.700936039655
2021-11-0121535.943070607787
2021-12-0121548.229478857436
2022-01-0119702.64051247816
2022-02-0118624.84553215062
2022-03-0119012.186980668434
2022-04-0116792.46623013224
2022-05-0116165.291251793247
2022-06-0114833.103702967202
2022-07-0116807.09628851043
2022-08-0116236.097893555672
2022-09-0115065.622203599278
2022-10-0115446.50085933838
2022-11-0115996.69048193969
2022-12-0114610.741019558825
2023-01-0116108.61753050296
2023-02-0116433.603681661294
2023-03-0117790.648125790092
2023-04-0117889.64958879593
2023-05-0119480.632927574108
2023-06-0120223.42797892135
2023-07-0120867.363606664487
2023-08-0121015.936820874107
2023-09-0119834.453077283637
2023-10-0119905.33073874693
2023-11-0121923.426558527335
2023-12-0122395.70756927972
2024-01-0123309.3760209082
2024-02-0125073.00825248924
2024-03-0125476.684232206015
2024-04-0124697.38505461415
2024-05-0126071.829325454884
2024-06-0128168.828032896326
2024-07-0127935.031177648678
2024-08-0127594.846810505234
2024-09-0128494.808459866766
2024-10-0129125.67646265074
2024-11-0131372.6687783191
2024-12-0132608.83769157564
2025-01-0133537.84639859097
2025-02-0131977.614590287343
2025-03-0128977.529366646308
2025-04-0128310.725395224636
2025-05-0131169.481414144284
2025-06-0133191.270258369674
2025-07-0134823.1609448461
2025-08-0134794.75306450009
2025-09-0137462.60812749457
2025-10-0139690.92226183543
2025-11-0138477.40863315483
2025-12-0137647.54342854708
2026-01-0137150.40552249194
2026-02-0135346.505120520436
2026-03-0134224.39384685311
2026-04-0138222.80300555374
Annual Return Matrix
YearAnnual Return
20200.4754290385753417
20210.2545877060229407
2022-0.32195166967687494
20230.5328248950069996
20240.45603069653871153
20250.15451963619890585
20260.015280135823429575
Total Factor Risk
0.17808688320799199
VTI.US Exposure
0.6399834761932932
VEA.US Exposure
0.036458877650063504
VWO.US Exposure
0.019721423037882713
QQQ.US Exposure
0.363826206640712
VTV.US Exposure
-0.10901465796299828
IJR.US Exposure
-0.03821054628308127
QUAL.US Exposure
0.04116060358031916
SHV.US Exposure
0.0030959611293289455
TLT.US Exposure
0.004026696385740086
LQD.US Exposure
-0.002090875146880799
HYG.US Exposure
0.009997724944461016
GLD.US Exposure
0.0010351433919207364
USO.US Exposure
0.010109780729506048
VNQ.US Exposure
-0.022665739428888994
BTC-USD.CC Exposure
0.007156780733272965
CPER.US Exposure
0.0016529954371466158
VIX.INDX Exposure
-0.03451611230712149
UUP.US Exposure
0.03198705052594002
TIP.US Exposure
0.0023446557583981227
Idiosyncratic Exposure
0.03394055499098586
Value Score
40.8
Growth Score
50
Profit Score
37.5
Health Score
23.6
Yield Score
1.7
Moat Score
40

Factor Risk Decomposition

Share of annualised volatility attributable to each macro factor.

Total Est. Vol
17.8%

FundamentalsiCompany financial health metrics: P/E valuation, dividend yield, Piotroski F-Score (9-point profitability signal), Altman Z-Score (bankruptcy risk proxy), and a radar chart across 6 fundamental dimensions. Note: ETFs may show N/A for some metrics.

Fundamental Dimensions

Core Valuation

P/E Ratio (TTM)P/E RatioPrice-to-Earnings ratio — the market price of a stock divided by its earnings per share, a key valuation measure.Click for full definition →22.9x
Dividend YieldDividend YieldAnnual dividend paid per share divided by the current share price — expressed as a percentage income return.Click for full definition →0.14%
Market Cap$1.2T
Piotroski F-ScorePiotroski F-ScoreA 9-point scoring system evaluating a company's financial strength across profitability, leverage, and operating efficiency.Click for full definition →
9-point profitability signal
0.0/ 9
Weak
Altman Z-ScoreAltman Z-ScoreA bankruptcy prediction model that combines 5 financial ratios into a single score indicating financial distress risk.Click for full definition →
Bankruptcy risk proxy
1.18
Distress Zone
Income Simulation

Based on $10,000 initial investment.

Total Income Generated
$230
Avg Yield on Cost
0.46%
Annual Income Simulation Table
Historical Realised Yields
YearAnnual PayoutYield on CostQuality
2021$48.470.48%Solid
2022$45.670.46%Solid
2023$47.550.48%Solid
2024$38.440.38%Solid
2025$50.310.50%Solid

Momentum & MacroiPrice momentum indicators relative to key technical levels: distance from 50-Day SMA (intermediate trend), 200-Day SMA (long-term trend), 52-Week High (bullish proximity), and Beta (market sensitivity coefficient).

vs 50-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+8.0%
Above/below 50-day moving average
vs 200-Day SMAMoving Averages (SMA)A rolling average of an asset's price over a defined window — used to identify trends and momentum signals.Click for full definition →
+4.9%
Above/below 200-day moving average
vs 52-Week High52-Week HighThe highest price an asset reached in the past 52 weeks — a key reference for momentum and valuation context.Click for full definition →
4.3% from high
Distance from 52-week high
BetaBetaA measure of an asset's sensitivity to broad market movements relative to a benchmark (e.g. S&P 500).Click for full definition →
1.36
Market sensitivity coefficient

Frequently Asked Questions & Methodology

Is TD Global Technology Leaders Index ETF a high-risk investment?

TD Global Technology Leaders Index ETF (TEC.TO) has an annualized volatility of 17.8% and experienced a maximum drawdown of 32.2% over the last 10 years. Its primary macro risk driver is VTI.US.

What is the 10-year return of TEC.TO?

Over the past 10 years, TEC.TO has generated a Compound Annual Growth Rate (CAGR) of 21.4%. It has had a positive return in 86% of the years measured.

Data Methodology & Trust

The risk and return information on this page is pre-calculated mathematically using daily market data spanning a 10-year period. Fundamentals (such as P/E Ratio, Market Cap, and Dividend Yield) represent trailing averages and may not immediately reflect real-time live market fluctuations. Advanced scoring models like the Piotroski F-Score and Altman Z-Score are proxies applied to publicly available trailing-twelve-month financial statements and may not account for recent off-balance-sheet events, qualitative company shifts, or sector-specific capital structures. Macroeconomic factor exposures are estimated via multivariate regression against standard market indices. This data is provided for quantitative insight and backtesting research, and should not be misconstrued as tailored financial advice.

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